2024 DKK to MDL Historical Review

YEARLY HIGH

2.6192 MDL

YEARLY LOW

2.5109 MDL

YEARLY AVERAGE

2.5717 MDL

2024 DKK to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 28, valuing the pair at 2.6192. Conversely, the yearly low was recorded on April 15, dropping to 2.5109.

This high-to-low spread represents a total annual volatility of 0.1083 MDL. From a start-to-finish perspective, comparing the January average rate of 2.5775 to the December average rate of 2.5717, the exchange rate registered a net change of -0.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.6192 was down 6.23% compared to the 2023 peak of 2.7932, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 DKK based on timing:

Yearly Peak High 13,096 MDL

2023 Average 13,134 MDL

Yearly Trough Low 12,555 MDL

Transaction Impact: A difference of 541.54 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.5918

2.5432

JanuMarcMayJulySeptNove

DKK to MDL Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2.5649, compared to 2.5784 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0135 points.

H1 Avg (Jan–Jun) 2.5649

H2 Avg (Jul–Dec) 2.5784

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0656 MDL (High: 2.6044 / Low: 2.5388). On the other end, July was the most stable month, with a tight range of 0.0316 MDL (High: 2.5888 / Low: 2.5572).

January Spread (Volatile) ±0.0656

July Spread (Stable) ±0.0316

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0253 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0253

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.5827) against the same month in 2023 (average: 2.5876), the exchange rate shifted by -0.0048 (-0.19%).

2024 Avg (August) 2.5827

2023 Avg (August) 2.5876

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6044	2.5388	2.5775
February	2.5979	2.5456	2.5773
March	2.5958	2.5478	2.5725
April	2.5679	2.5109	2.5472
May	2.5828	2.5321	2.5589
June	2.5746	2.5391	2.5559
July	2.5888	2.5572	2.5751
August	2.6192	2.5595	2.5827
September	2.6106	2.5593	2.5877
October	2.6028	2.5593	2.5828
November	2.6055	2.5428	2.5705
December	2.6011	2.5386	2.5717